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LilyGal LilyGal
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5 years ago

Question 1.

If the CPI in 2015 was 104 and the CPI in 2016 was 106, then the rate of inflation between 2015 and 2016 was



▸ 1.89%.

▸ 1.92%.

▸ 2.0%.

▸ 2.2%.

Question 2.

The CPI in period 1 is 300 and the CPI in period 2 is 150. The rate of inflation between period 1 and period 2 is



▸ -100%.

▸ -60%.

▸ -50%.

▸ 33.33%.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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kirakira15kirakira15
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5 years ago
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4 years ago
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